Resource transfers to reserves very highly according to Calderwood, over 90% (I think 94% from memory to date) and we know they want a LOM fit for expansion to a second DMS. We have had a couple delays now with the upgrade and I think the goal is have a LOM sufficient to lock in offtakes for DMS 2.
Current offtake with Burwill is for five years so I’m guessing the target to enable second DMS and further offtakes will be a LOM close to or above 10 years.
I’ll go for a 10 yr mine life (similar to yours) but it wouldn’t surprise me if it was higher.
Who wants to have a $1 Party?, page-55
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)